Cleanmax Raises 700 Crores Equity From Warburg Pincus

The New York based private equity firm, Warburg Pincus, invested $100 million in India’s #1 rooftop solar developer CleanMax Solar. CleanMax is the first Indian solar energy developer backed by the private equity giant. With this investment, CleanMax aims to expand in India and pursue growth in the Middle East and Southeast Asia.